Recent content by steve-th

An Intersesting article for sure but a pretty boring strategy. Risking 1% eachtime requires funds most of us don’t have in order to make decent money unless you have loads of dosh to start with in which case why not retire. If you have loads then there is a foolproof method of winning on a fifty...

Hi dsmodi. thanks for the sites. came across www.digitallook.com which you may find interesting. Steve

Hi. Anybody out there trade UK shares? If so would appreciate any help with info. on free research sites. Particularly regarding dates companies release results, charts and news alerts. I currently rely mainly on newspapers, FT.com site and Bigcharts but need more. Also any exchange of ideas...

Hi Java I am prob. one of those that has demeaned paper trading. I don't wish to give the impression that it is a waste of time. In fact it is prob. the essential 1st step. but that is all. The danger as I see it is that after some success at it one gets the feeling of having "cracked" the...

Trading with paper taught me a lot - I think Trading with money gave me amnesia. Steve

Hi Trender. Before you switch from trading shares realise that a £1 bet on the Dow ain't small time. It's the same as a £95/point bet on Vodaphone!!! Thus the only way to limit your potential losses is to impose such small stops that just a change in the infamous SB bias is likely to take you...

Assuming US markets are not influenced by Euro ones but that Euros follow the US is common. However this leads to the conclusion that Euros will therefore try to anticipate the US and often they get it right. Thus the FTSE over the medium term often appears to lead. Confused ??? I am.

Hi Madasafish (can I call you Mad for short!?) Think that is the nub of it.Trouble is scalping has a certain romanticism attached to it and the almost instant result appeals to our gambling instinct. Who wants to roll the dice and then wait days or even hours to see if they have won? It is a...

Hi Options Re.bias, ANY complaints are unjustified. The SB's are perfectly entitled to employ it. That's why it's a mugs game and the SB's love mugs. It's where most of their business and profits come from. Share qoutes come from the market. Do you want to try and outperform the market or the SB...

for what it's worth her's my 2 pennies. 1. Day trading indecies is for mugs. I tried for a while till I realised that I was doing it for the buzz that gave a quick result. Those that complain about bias are using it as an excuse for losing. The SB co. is quoting it's "opinion" of where the level...

Great article. Only thing I'm not sure I agree with is the value of paper trading as there is no real fear/greed involved. I only learnt to handle this aspect by using (and losing!) some of my own dosh. As with most things we only learn by our mistakes and hopefully persist long enough to...

L.L. Good on ya mate. Now I'm losing dosh shorting AV !!!! All other bets have done for real but luckily not this one. I tried to last night but forgot to give my acc. number so the deal didn't go thru. maybe will change my name to Lucky Steve!!!!

Wow, Lucky Luke sure lives up to his name!! Fancy getting 420 as a covering price for Aviva at the close yesterday when I was offered 470. Not bad, could this be an error??? Don't blame LL for not questioning it. I wouldn't refuse a 7000 quid windfall but then it's only a game!!!!

YO SHARKEY, WHEN DO WE GET OUR NEXT 5OK AND IF IT'S MORE THAN A FEW DAYS, ANY CHANCE OF A LOAN JOLLY GOOD FELLA THAT YOU ARE. DOES GROVELLING GET US BETTER PRICES??